Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.07783 | +0.0100 | pay 0.0050% / 4h | 3h 15m | $1K | $119K | 10x | Long SunX≤10% back | |
| SHORT | 0.07799 | +0.0100 | get 0.0050% / 4h | 3h 15m | $397K | $287K | 50x | Short Variational Omni+15% pts |
Price gap+0.211%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$3 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$20.0000% /8h now · paid +0.016% over the last 6 days (all we have)
Price+$3spread +0.211% now, avg +0.181% → +0.030% if it goes back
Costs−$2972.973% of $10k · taker + slippage, in and out
Result−$293−2.93%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Variational Omni price against SunXnow
RANGE STATS · 7D
Now+0.211%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hNIL on 14 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- Watch: Thin at this size81.5 / 63.5 bpAt $10k entering SunX costs 81.5 bp, fee and slippage, 1.3× Variational Omni’s.
- Note: Margin at max leverage$1,000 + $200SunX 10x, Variational Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long SunX: 6 payments, −$3.00; short Variational Omni: 6 payments, +$3.00.
- OK: Entry gap works for you+0.211% vs +0.181%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$1K vs $397K OISunX sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legSunX No · Variational Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0009%/8h × 21 periods+$1.91
Price spread+0.211% → +0.181% (7d avg)+$3.02
Slippage, 4 orderslive order books−$289.27
Fee SunX bp × 2 orders−$8.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$292.34
Costs to cover2.973%Break-even1078.1 days
Slippage: SunX: live order book, 48 min ago; Variational Omni: RFQ quote, 34 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX63.5881.5 bp−$82doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTVariational Omni5.7863.5 bp−$64120.0 bp−$1,200doesn’t fitdoesn’t fit
Closing costs about the same again.
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